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Fairbanks
Fairbanks
Alaska
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Fairbanks is a home rule city and the borough seat of the Fairbanks North Star Borough in the U.S. state of Alaska. Fairbanks is the largest city in the Interior region of Alaska. 2014 estimates put the population of the city proper at 32,469, and 2016 estimates put the population of the Fairbanks North Star Borough at 100,605, making it the second most populous metropolitan area in Alaska (after Anchorage). The Metropolitan Statistical Area encompasses all of the Fairbanks North Star Borough and is the northernmost Metropolitan Statistical Area in the United States, located 196 driving miles (or 140 air miles) south of the Arctic Circle. Fairbanks is home to the University of Alaska Fairbanks, the founding campus of the University of Alaska system.

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Taxes

A

How did Alaska earn the grade of A? We examined the state taxes based on how age friendly they are. Alaska has a state sales tax of 0.00%. Of particular interest is that Alaska does not have taxes on social security. There are no estate taxes. There are no taxes imposed on inheritance. Alaska has an effective property tax rate of 1.19%. Weighing these taxes and other taxes most likely to impact the aging population is how Alaska earned its state tax grade of A.

Learn more about taxes in Alaska

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